Nonprofit · EIN 31-1683712
MENOMONEE VALLEY PARTNERS INC
Tax-exempt · MILWAUKEE, WI 53203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $413,216 | $533,310 | -$120,094 | $1,221,479 | $77,536 | $1,143,943 |
| June 30, 2024 | 990 | $529,539 | $592,546 | -$63,007 | $1,340,012 | $75,975 | $1,264,037 |
| June 30, 2023 | 990 | $420,413 | $471,119 | -$50,706 | $1,311,325 | $23,786 | $1,287,539 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $347,189
- Program service revenue
- $22,176
- Investment income
- $43,851
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $147,415
- Other salaries and wages
- $195,461
- Salaries, compensation and benefits (total)
- $423,111
- Professional fundraising fees
- $0
- Accounting fees
- $23,967
- Program services (functional)
- $475,418
- Management and general (functional)
- $46,287
- Fundraising (functional)
- $11,605
Balance sheet and other
- Total assets, start of year
- $1,340,012
- Total assets, end of year
- $1,221,479
- Total liabilities, end of year
- $77,536
- Net assets, end of year
- $1,143,943
- Net assets without donor restrictions
- $1,128,943
- Net assets with donor restrictions
- $15,000
- Gross receipts
- $413,216
- Employees
- 7
- Volunteers
- 500
- Year formed
- 1999
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COREY ZETTS | EXECUTIVE DIRECTOR Officer | 40 | $118,541 | $3,260 |
| MICHAEL HATCH | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| BRUCE KEYES | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| JEFF MORGAN | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| MICHELE BRIA | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| PAT O'CONNOR | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| JENNIFER BOGNAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE BROCKMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WENDY BUSHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE CAYO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAFAYETTE CRUMP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL DAVIDSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARA EVERTS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KERRY JANOVITCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERREL KRUSCHKE | DIRECTOR Trustee or director | 1 | $0 |
| KATHERINE LAZARSKI | DIRECTOR Trustee or director | 1 | $0 |
| EUGENE MANZANET | DIRECTOR Trustee or director | 1 | $0 |
| GLENN MARGRAFF | DIRECTOR Trustee or director | 1 | $0 |
| CLAUDIA PAETSCH | DIRECTOR Trustee or director | 1 | $0 |
| JULIE PENMAN | DIRECTOR Trustee or director | 1 | $0 |
| SHERI SCHMIT | DIRECTOR Trustee or director | 1 | $0 |
| CRAIG THOMPSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COREY ZETTS | EXECUTIVE DIRECTOR Officer | 40 | $112,248 |
| MICHAEL HATCH | CHAIR Trustee or director, Officer | 5 | $0 |
| BRUCE KEYES | PRESIDENT Trustee or director, Officer | 5 | $0 |
| JEFF MORGAN | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| MICHELE BRIA | SECRETARY Trustee or director, Officer | 5 | $0 |
| PAT O'CONNOR | TREASURER Trustee or director, Officer | 5 | $0 |
| JENNIFER BOGNAR | DIRECTOR Trustee or director | 1 | $0 |
| MIKE BROCKMAN | DIRECTOR Trustee or director | 1 | $0 |
| CHYTANIA BROWN | DIRECTOR Trustee or director | 1 | $0 |
| WENDY BUSHELL | DIRECTOR Trustee or director | 1 | $0 |
| LAFAYETTE CRUMP | DIRECTOR Trustee or director | 1 | $0 |
| BILL DAVIDSON | DIRECTOR Trustee or director | 1 | $0 |
| SARA EVERTS | DIRECTOR Trustee or director | 1 | $0 |
| KERRY JANOVITCH | DIRECTOR Trustee or director | 1 | $0 |
| JERREL KRUSCHKE | DIRECTOR Trustee or director | 1 | $0 |
| KATHERINE LAZARSKI | DIRECTOR Trustee or director | 1 | $0 |
| EUGENE MANZANET | DIRECTOR Trustee or director | 1 | $0 |
| GLENN MARGRAFF | DIRECTOR Trustee or director | 1 | $0 |
| CLAUDIA PAETSCH | DIRECTOR Trustee or director | 1 | $0 |
| JULIE PENMAN | DIRECTOR Trustee or director | 1 | $0 |
| SHERI SCHMIT | DIRECTOR Trustee or director | 1 | $0 |
| CRAIG THOMPSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COREY ZETTS | EXECUTIVE DIRECTOR Officer | 40 | $105,614 |
| MICHAEL HATCH | CHAIR Trustee or director, Officer | 5 | $0 |
| BRUCE KEYES | PRESIDENT Trustee or director, Officer | 5 | $0 |
| JEFF MORGAN | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| MICHELE BRIA | SECRETARY Trustee or director, Officer | 5 | $0 |
| PAT O'CONNOR | TREASURER Trustee or director, Officer | 5 | $0 |
| JENNIFER BOGNAR ZIERER | DIRECTOR Trustee or director | 1 | $0 |
| MIKE BROCKMAN | DIRECTOR Trustee or director | 1 | $0 |
| CHYTANIA BROWN | DIRECTOR Trustee or director | 1 | $0 |
| WENDY BUSHELL | DIRECTOR Trustee or director | 1 | $0 |
| LAFAYETTE CRUMP | DIRECTOR Trustee or director | 1 | $0 |
| BILL DAVIDSON | DIRECTOR Trustee or director | 1 | $0 |
| SARA EVERTS | DIRECTOR Trustee or director | 1 | $0 |
| KERRY JANOVITCH | DIRECTOR Trustee or director | 1 | $0 |
| JERREL KRUSCHKE | DIRECTOR Trustee or director | 1 | $0 |
| KATHERINE LAZARSKI | DIRECTOR Trustee or director | 1 | $0 |
| EUGENE MANZANET | DIRECTOR Trustee or director | 1 | $0 |
| GLENN MARGRAFF | DIRECTOR Trustee or director | 1 | $0 |
| CLAUDIA PAETSCH | DIRECTOR Trustee or director | 1 | $0 |
| JULIE PENMAN | DIRECTOR Trustee or director | 1 | $0 |
| SHERI SCHMIT | DIRECTOR Trustee or director | 1 | $0 |
| CRAIG THOMPSON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 231 W MICHIGAN ST P421, MILWAUKEE, WI 53203-2918
- Principal officer (990 for 2024)
- BRUCE KEYES, 231 W MICHIGAN, MILWAUKEE, WI 53203
- Signed the 990
- PAT O'CONNOR, TREASURER
- Phone
- (414) 221-5506
- Website
- www.thevalleymke.org
- Return prepared by
- Krause & Associates SC
Mission
TO REVITALIZE AND SUSTAIN THE MENOMONEE VALLEY FOR THE BENEFIT OF THE GREATER MILWAUKEE COMMUNITY.
Program accomplishments
- Thriving district: Maintain a thriving, sustainable, urban district that is home to manufacturing, entertainment, and recreation. Work within this category includes programs that focus on public safety, district beautification, and marketing the district and its amenities.Expenses $117,395 · revenue $5,278
- Workforce connections: Connect employers to a regional, job-ready workforce and position local workers to be competitive for upcoming employment opportunities. Work within this category includes the youth-focused Career Discovery Initiative programs and Rotational Internship Program, as well as a variety of programs that build and support the Valley workforce, including programs such as the Valley Circles professional development programs for Valley employees, workforce transportation work, and shared workforce training programs to build and retain the Valley workforce.Expenses $170,158 · revenue $16,898
- Redevelopment: Encourage and facilitate high-quality redevelopment of vacant parcels and underutilized properties and recruit high-quality employers. Work in this category includes predevelopment and due diligence to redevelop vacant properties, working with businesses, brokers, and other partners to attract businesses to the Valley, and supporting existing businesses in their growth with a range of technical assistance.Expenses $104,619
- Transportation and infrastructure: Ensure development of effective transportation access and other beneficial infrastructure. Work in this category involves coordinating with public and private sector partners on major infrastructure projects in and around the Valley, including I-94 reconstruction, rail projects, planning infrastructure necessary to developing vacant parcels, and the development of riverwalk.Expenses $83,246
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1683712
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $1,221,479
- Income (IRS master file)
- $413,216
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $413,216 | $533,310 | $1,221,479 | IRS |
| 990 | June 2024 | $529,539 | $592,546 | $1,340,012 | IRS |
| 990 | June 2023 | $420,413 | $471,119 | $1,311,325 | XML |
| 990 | June 2022 | $456,950 | $423,984 | $1,379,326 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1683712).
Questions about MENOMONEE VALLEY PARTNERS INC
- What is the EIN of MENOMONEE VALLEY PARTNERS INC?
- The employer identification number (EIN) of MENOMONEE VALLEY PARTNERS INC is 31-1683712.
- Is MENOMONEE VALLEY PARTNERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MENOMONEE VALLEY PARTNERS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MENOMONEE VALLEY PARTNERS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MENOMONEE VALLEY PARTNERS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MENOMONEE VALLEY PARTNERS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MENOMONEE VALLEY PARTNERS INC?
- The 990 for the year ended June 30, 2025 names BRUCE KEYES.
- Who are the officers and directors of MENOMONEE VALLEY PARTNERS INC?
- The 990 for the year ended June 30, 2025 lists 23 people; 1 received compensation from the organization, the highest $118,541 (COREY ZETTS, EXECUTIVE DIRECTOR).
- How much revenue does MENOMONEE VALLEY PARTNERS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $413,216, expenses of $533,310 and total assets of $1,221,479 at year end.
Other nonprofits in MILWAUKEE
- ASSOCIATION OF EQUIPMENT MANUFACTURERS EIN 31-1796607 · last filed 990 for 2025
- AMERICAN SOCIETY FOR QUALITY INC EIN 39-0912502 · last filed 990 for 2024
- CEDAR STREET CHARITABLE FOUNDATION INC EIN 26-4530730 · last filed 990 for 2025
- ASQEXCELLENCE INC EIN 84-3729689 · last filed 990 for 2024
- MILWAUKEE ECONOMIC DEVELOPMENT CORP EIN 23-7129398 · last filed 990 for 2024
- NORTHWEST SIDE COMMUNITY DEVELOPMENT CORPORATION EIN 39-1478014 · last filed 990 for 2024
- AMERICAN ACADEMY OF EMERGENCY MEDICINE INC EIN 26-3697887 · last filed 990 for 2025
- MILWAUKEE DEVELOPMENT CORPORATION EIN 93-0828687 · last filed 990 for 2025
All nonprofits in MILWAUKEE · Wisconsin · Community improvement and capacity building